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BIDDING ON RAILCARS FOR GRAIN: A STRATEGIC ANALYSIS AgEcon
Wilson, William W.; Dahl, Bruce L..
Many of the U.S. railroads have introduced highly differentiated services for grain shipments in recent years, generally in the area of forward guaranteed car service. Taken together with other alternatives, these mechanisms have had the effect of establishing priority allocations among shippers. In most cases, pricing and allocation of these services has been with some type of bidding mechanisms. This paper explores the economic implications of these mechanisms on the grain shipping industry. A model was developed to identify factors affecting the value of these services and was analyzed in the context of a typical midwestern grain shipment. A game theory model of competitive bidding was also developed to analyze the effects of critical strategic...
Tipo: Working or Discussion Paper Palavras-chave: Railcars; Guaranteed car service; Railcar allocation; Options; Guarantee; Bidding models; Valuation; Marketing.
Ano: 1997 URL: http://purl.umn.edu/23168
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Trust the Health Safety of Fruit - The Importance of Guarantees AgEcon
Markovina, Jerko; Kovacic, Damir; Radman, Marija; Crep, Robert.
Today there are many agricultural products in the market with different designations and certificates which are as a proof of product quality and adherence to health standards. However, consumers sometimes find it difficult to differentiate these certificates and they have variable degrees of trust for them. In this article we tried to determine the consumers' general degree of trust in food safety and in the health safety of the fruit offered in Croatia. A comparison is made between the trust degrees for domestic and imported fruit. Consumers also expressed their opinion about the need for various certificates that guarantee the health safety of food products. In this respect, we also tried to determine the various degrees of trust for different...
Tipo: Conference Paper or Presentation Palavras-chave: Health; Safety; Trust; Fruit; Guarantee; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/7775
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